Japan Logistic Systems Balance Sheet Health
Financial Health criteria checks 2/6
Japan Logistic Systems has a total shareholder equity of ¥15.1B and total debt of ¥18.0B, which brings its debt-to-equity ratio to 118.6%. Its total assets and total liabilities are ¥47.9B and ¥32.8B respectively. Japan Logistic Systems's EBIT is ¥842.0M making its interest coverage ratio 5.7. It has cash and short-term investments of ¥4.1B.
Key information
118.6%
Debt to equity ratio
JP¥17.97b
Debt
| Interest coverage ratio | 5.7x |
| Cash | JP¥4.06b |
| Equity | JP¥15.15b |
| Total liabilities | JP¥32.78b |
| Total assets | JP¥47.93b |
Recent financial health updates
Is Japan Logistic Systems (TYO:9060) A Risky Investment?
Mar 11
Japan Logistic Systems (TYO:9060) Takes On Some Risk With Its Use Of Debt
Dec 11
Recent updates
Japan Logistic Systems Corp.'s (TSE:9060) Shares Lagging The Market But So Is The Business
Aug 05Is Japan Logistic Systems (TYO:9060) A Risky Investment?
Mar 11Japan Logistic Systems Corp. (TYO:9060) Has Got What It Takes To Be An Attractive Dividend Stock
Jan 29Will The ROCE Trend At Japan Logistic Systems (TYO:9060) Continue?
Jan 04Japan Logistic Systems (TYO:9060) Takes On Some Risk With Its Use Of Debt
Dec 11Financial Position Analysis
Short Term Liabilities: 9060's short term assets (¥14.8B) do not cover its short term liabilities (¥17.1B).
Long Term Liabilities: 9060's short term assets (¥14.8B) do not cover its long term liabilities (¥15.6B).
Debt to Equity History and Analysis
Debt Level: 9060's net debt to equity ratio (91.8%) is considered high.
Reducing Debt: 9060's debt to equity ratio has reduced from 126% to 118.6% over the past 5 years.
Debt Coverage: 9060's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 9060's interest payments on its debt are well covered by EBIT (5.7x coverage).